This week we cover Getgems' optimism about leveraging Telegram for NFT growth, user reactions to OpenSea's new platform version, and details of the DraftKings' settlement with NFLPA.
Getgems and Telegram: NFT Growth Prospects
Despite lower NFT volumes and sales in 2024, The Open Network's (TON) NFT marketplace Getgems is optimistic about adoption, thanks to Telegram and its large user base. The team believes that unlike previous attempts, Telegram has the potential to engage a wider audience in the world of NFTs.
OpenSea Faces Criticism for OS2
Many OpenSea users expressed their dissatisfaction following the announcement of the private beta of the new trading platform. Users complained about the lack of retroactive points for old users, which requires starting from scratch in the new system. NFT trader Beanie pointed out that this decision disregards the contributions of users who generated trading fees for OpenSea.
DraftKings Settles with NFLPA
The sports betting platform DraftKings has settled with the National Football League Players Association (NFLPA), which accused the site of failing to pay for using NFL players' likenesses in NFTs. In a joint letter to a New York court, the parties reported reaching a settlement and requested a 60-day stay to finalize the agreement. The settlement details remain undisclosed.
This week's developments highlight the potential and conflicts within the NFT space. Stay tuned for more updates on this evolving industry.